Company News
Prospex Energy reports reduced first-half loss
Prospex Energy reported a significantly reduced loss in its interim results on Thursday, announcing that it has fully repaid all outstanding debt, positioning itself for future growth and development.
Capricorn Energy delivers upbeat outlook, keeps FY guidance
Capricorn Energy shares jumped on Thursday after the British oil and gas group impressed with its first-half results and reiterated its full-year production guidance.
Supreme organic revenue and profits grow in FY24
Consumer goods manufacturer Supreme said on Thursday that it had "traded strongly" across the year ended 31 March, delivering record organic revenue and profit growth and ending the year debt-free.
Close Bros agrees sale of asset management arm, reports solid year
Close Brothers announced an agreement to sell its wealth management subsidiary, Close Brothers Asset Management (CBAM), to funds managed by Oaktree Capital Management, for an equity value of up to £200m on Thursday, alongside a solid set of full-year results.
Judges Scientific earnings fall in challenging first half
Judges Scientific, a specialist in acquiring and developing scientific instrument companies, reported a decline in first-half profits on Thursday amid subdued trading conditions and challenging market environments, while it bolstered its shareholder return with a 10% increase in its interim dividend.
S4 Capital maintains profit targets after tough first half
S4 Capital maintained its full-year profit targets in its interim results on Thursday, despite a significant drop in net revenue, as it warned of a bigger-than-expected fall in full year net revenue.
Ocado Retail lifts full-year guidance as Q3 revenues jump
Online grocer and logistics group Ocado has upgraded its revenue guidance for its retail division following a strong third-quarter performance which saw revenues jump as both customer numbers and the number of orders rose.
Hill & Smith appoints Rutger Helbing as CEO
Hill & Smith said on Thursday that it has appointed Rutger Helbing as chief executive officer with immediate effect.
Bytes Technology hails strong first-half trading
Bytes Technology said on Wednesday that trading has remained strong since it updated the market at its annual meeting in July.
Babcock holds guidance as underlying profits rise
UK defence company Babcock held annual guidance as underlying profit rose in the first five months of the financial year.